TE Connectivity announces results for second quarter of fiscal year 2019

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TE Connectivity (TEL) Tops Q2 EPS by 14c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus, Q3 Mid-Point EPS Guidance Above Consensus,

April 24, 2019 6:11 AM EDT

TE Connectivity (NYSE: TEL) reported Q2 EPS of $1.42, $0.14 better than the analyst estimate of $1.28. Revenue for the quarter came in at $3.41 billion versus the consensus estimate of $3.36 billion.

Net sales of $3.4 billion, exceeding the company\'s guidanceDiluted earnings per share (EPS) from continuing operations were $1.26, and adjusted EPS were $1.42, both exceeding the high-end of the... More